The movement of USDJPY towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Supported by Downward sloping Moving Average
Target: 152.5678 Entry: 155.579 Stop: 157.614
ETHUSD has broken through a line of 2272.9600 and suggests a possible movement to 2225.3420 within the next 2 days. It has tested this line numerous times in the past,
The price of Nikkei 225 in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction.
FTSE 100 is moving towards a line of 8243.7998 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so